Mondelez International, Inc. $MDLZ Shares Sold by Bahl & Gaynor Inc.

Bahl & Gaynor Inc. reduced its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 5,816,826 shares of the company’s stock after selling 244,089 shares during the quarter. Mondelez International accounts for approximately 1.8% of Bahl & Gaynor Inc.’s investment portfolio, making the stock its 12th biggest holding. Bahl & Gaynor Inc.’s holdings in Mondelez International were worth $363,377,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its position in shares of Mondelez International by 92.4% during the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock worth $874,000 after purchasing an additional 7,025 shares in the last quarter. United Bank grew its stake in Mondelez International by 13.2% during the 2nd quarter. United Bank now owns 26,263 shares of the company’s stock worth $1,771,000 after buying an additional 3,070 shares during the last quarter. Arkadios Wealth Advisors increased its position in Mondelez International by 69.2% during the second quarter. Arkadios Wealth Advisors now owns 9,212 shares of the company’s stock worth $621,000 after buying an additional 3,769 shares during the period. Assetmark Inc. lifted its stake in Mondelez International by 2.4% in the second quarter. Assetmark Inc. now owns 105,660 shares of the company’s stock valued at $7,126,000 after buying an additional 2,517 shares during the last quarter. Finally, IFG Advisory LLC lifted its stake in Mondelez International by 21.1% in the second quarter. IFG Advisory LLC now owns 3,593 shares of the company’s stock valued at $242,000 after buying an additional 625 shares during the last quarter. Institutional investors and hedge funds own 78.32% of the company’s stock.

Mondelez International Price Performance

Shares of MDLZ opened at $61.58 on Monday. The company has a current ratio of 0.59, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67. The stock’s 50 day moving average is $57.62 and its two-hundred day moving average is $58.89. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15. The firm has a market capitalization of $78.94 billion, a PE ratio of 32.76, a P/E/G ratio of 2.57 and a beta of 0.38.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. Mondelez International had a return on equity of 14.53% and a net margin of 6.36%.The business had revenue of $10.50 billion during the quarter, compared to the consensus estimate of $10.32 billion. During the same period in the prior year, the business posted $0.65 EPS. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Research analysts anticipate that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Tuesday, March 31st. Mondelez International’s payout ratio is presently 106.38%.

Insider Buying and Selling at Mondelez International

In other news, EVP Gustavo Carlos Valle sold 3,000 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $62.00, for a total transaction of $186,000.00. Following the transaction, the executive vice president directly owned 99,596 shares of the company’s stock, valued at $6,174,952. This represents a 2.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.41% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

MDLZ has been the topic of a number of recent research reports. Wells Fargo & Company lifted their target price on shares of Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Sanford C. Bernstein lowered their price objective on shares of Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 18th. Argus upgraded shares of Mondelez International to a “hold” rating in a research note on Thursday, February 12th. Wall Street Zen upgraded shares of Mondelez International from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, Mizuho dropped their price target on Mondelez International from $70.00 to $67.00 and set an “outperform” rating on the stock in a research report on Thursday, January 8th. Thirteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $67.06.

Mondelez International Profile

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.

The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.